Natural Resources Canada: Government of Canada Invests in Saskatchewan Biofuels

Thanks to an investment by the Government of Canada, up to $77.75 million over seven years will support the production of ethanol in Saskatchewan, sustain job creation and help stimulate the economy. Ray Boughen, Member of Parliament for Palliser, on behalf of the Honourable Lisa Raitt, Canada’s Minister of Natural Resources, today announced that... 

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Plutonic Power Corporation Announces Closing of $70.35 Million Bought Deal

Plutonic Power Corporation announce the closing of its recently-announced bought deal financing, raising gross proceeds of $70,350,000 by the sale of 21,000,000 Common Shares at a price of $3.35 per share. The financing was underwritten by a syndicate of underwriters co-led by Cormark Securities Inc., GMP Securities L.P. and Macquarie Capital Markets... 

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Hydrogen milestone could help lower fossil fuel refining costs

Hydrogen researchers at the U.S. Department of Energy’s Idaho National Laboratory have reached another milestone on the road to reducing carbon emissions and protecting the nation against the effects of peaking world oil production. Stephen Herring, laboratory fellow and technical director of the INL High Temperature Electrolysis team, today announced... 

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Oilsands Quest announces filing of disclosure documents

Oilsands Quest Inc. announces that it has filed its Form 10-K/A, amended annual report for the fiscal year ended April 30, 2008. In conjunction with the filing of the Form 10-K/A, the Company will be separately refiling, with Canadian securities commissions, its statement of oil and gas information for the year ended April 30, 2008 and the related report... 

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Ivanhoe Energy’s estimated oil sands resource increased by 81% at Tamarack Project in Alberta

Robert Friedland, Executive Chairman, President and Chief Executive Officer, and Ed Veith, Executive Vice President, Upstream, of Ivanhoe Energy Inc., announced that a recently completed evaluation by independent engineers has estimated that Ivanhoe Energy’s Tamarack Project, in the Athabasca region of Western Canada, contains best-estimate contingent... 

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ENMAX Green Power Selects URS to Build Natural Gas-Fired Power Generating Facility

URS Corporation announced that it has been awarded a contract by ENMAX Green Power Inc. to provide engineering, procurement, construction, startup, testing and commissioning services for a new 120-megawatt simple-cycle power generation facility in Alberta, Canada. The natural gas-fired facility is located about 40 kilometers north of Calgary near the... 

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Weststar Acquires Nunavut Coal Property

Weststar Resources Corp. announce the acquisition, subject to TSX Venture Exchange approval, of a 100% interest in six Coal Exploration Licence applications, located on the Bache Peninsula, Ellesmere Island, Nunavut Territory. The Exploration Licences cover an area of approximately 450 square kilometers (45,000 hectares) with the final land package... 

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Obama Administration Pushes Accelerator for Renewable Fuels

The inauguration of Barack Obama as the new President of the United States yesterday has combined with Canadian efforts to spark a North American explosion in the growth of renewable fuels, says Gordon Quaiattini, President of the Canadian Renewable Fuels Association (CRFA). “When President-elect Obama took the oath of office, a new North American... 

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Kitimat LNG Obtains Environmental Approvals, Signs Agreement With Mitsubishi Corporation for LNG Terminal

Kitimat LNG Inc. and Mitsubishi Corporation announced that they have signed a Heads of Agreement under which Mitsubishi will acquire terminal capacity and an equity stake in Kitimat LNG’s proposed liquefied natural gas (LNG) export terminal. The Heads of Agreement sets forth the terms, pursuant to which Mitsubishi will commit to purchase 1.5 million... 

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Developers Diversified Announces Income-Producing Solar Energy Program to Benefit Tenants and Environment

Developers Diversified Realty announced an income-producing solar energy program in partnership with SunEdison, North America’s largest solar energy services provider. The program will enable Developers Diversified to incorporate solar photovoltaic (PV) systems through a multi-phase deployment at the company’s shopping centers, starting...